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Multi-Tenant Flex Building
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N25W23131 Paul Rd, Waukesha, WI 53188

Five suites provide individual entry points, exterior signage, and strong visibility from the property.

Property Size34,400 SF
Lot Size4.51 Acres
Days on Market132

Property Features for N25W23131 Paul Rd

General Information

Standard status Active
Size 34,400 SF
Lot size 4.51 Acres
Property subtype Industrial
Occupancy 82%

Building Details

Year Built 1987
Buildings 1
Building Size 34,400 SF
Tenancy Multi
Listing Agency: Founders 3 Real Estate Services Office & Industrial Brokerage Division
Listed By: Ty Mueller · License #111961-94
Source: Crexi
Added: Apr 24 Changed: Aug 31 Last Checked: Aug 30 at 10:39PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Founders 3 Real Estate Services Office & Industrial Brokerage Division

Investment Insights

Based on property information with market context.

This flex property in Pewaukee, Wisconsin, comprises approximately 34,400 square feet across five individual suites on 4.51 acres. Constructed in 1987, the building provides suite-level entry, exterior signage, and visibility for occupants. The property is held in fee simple and is configured for multiple commercial users.

Current occupancy is 82.2%, with three tenants in place: Cooperative Educational Service Agency #1, Pewaukee School District Insight, and CMB Fitness. The weighted-average lease term is 4.0 years. Paul Road is located in Waukesha, Wisconsin, within the Greater Milwaukee area.

Key Highlights

  • Approximately 34,400 square feet across five individual suites
  • Situated on 4.51 acres in Pewaukee, WI
  • 82.2% leased to three tenants

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick HVAC Service Electrical Service Plumbing Service Building Supply Auto Repair Shop Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

82.2%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

5
Businesses Nearby
Well-served
Demand for This Use

Demographics for 53188, WI

35,552
Population
14,703
Households
2.4
Avg Household Size
41
Median Age
43%
College-Educated
97%
High-School Grad
26.8 sq mi
ZIP Area
1,327
Density / Sq Mi
$88,656
Median Household Income
$51,930
Median Earnings
$1,235
Median Rent
$317,300
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - Five suites provide individual entry points, exterior signage, and strong visibility from the property.
Where is this flex space located?
The property is located at N25W23131 Paul Rd Waukesha, WI.
What are key features of this property?
This property features: Approximately 34,400 square feet across five individual suites; Situated on 4.51 acres in Pewaukee, WI; 82.2% leased to three tenants
More about this property
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